4Sight appoints independent directors amid board succession

JSE-listed technology group updates board composition as it advances governance framework and supports its data and AI strategy

JSE-listed technology company 4Sight has appointed two independent non-executive directors and confirmed the resignation of a long-serving board member as part of a planned succession process.

In a SENS statement, the group said Professor Adrian Saville and Tshepo Shabangu joined the board as independent non-executive directors with effect from 2 March. Their appointments follow the resignation of Johan Nel, who stepped down on 27 February.

The company said the changes are intended to enhance board independence, broaden skills and strengthen diversity, in line with the King Code on Corporate Governance and the evolving King V framework.

“Board independence is a cornerstone of effective governance and long-term value creation,” said Kamil Patel, chairperson of the 4Sight board. “The appointments reinforce our commitment to an independent, skilled and diverse board that acts in the best interests of shareholders and stakeholders.”

Saville brings more than 25 years of experience in capital markets, investment management, corporate strategy and private markets. He has held senior leadership roles at Cannon Capital Advisors and Boutique Asset Management. He is the founder and director of Boundless World Proprietary, a strategic advisory firm, and serves as a professor of economics, finance and strategy at the Gordon Institute of Business Science. His qualifications include an MCom in Economics (cum laude) and a PhD in Philosophy.

Shabangu contributes over 20 years of governance and legal experience, including board leadership, policy development and committee oversight. She holds BProc, LLB and LLM (Comparative Law, magna cum laude, University of Bonn) degrees and is an attorney and notary public of the High Court of South Africa. She currently serves on the board of Astral Food and has experience across remuneration, audit and risk, workplace ethics, diversity and ESG oversight.

“The 4Sight board operates in alignment with the principles of the King Code, including the evolving King V framework, with a strong emphasis on ethical leadership, accountability, transparency and independent oversight,” Patel said. “Independent non-executive directors play a critical role in ensuring robust challenge, sound judgement and balanced decision-making.”

Patel also acknowledged Nel’s contribution, noting his role in the development of the board’s governance practices and culture.

Governance and AI strategy

Group CEO Tertius Zitzke said the strengthened board would support the company’s execution priorities, particularly as it advances its data and artificial intelligence (AI) initiatives.

“Strong corporate governance is not about constraint; it is about enablement. The independence and quality of the 4Sight board provide executive management with the confidence, guidance and challenge required to execute strategy responsibly and sustainably,” Zitzke said.

“The board’s support, combined with clear governance guardrails, allows executive directors to focus on performance, innovation and stakeholder value, while ensuring decision-making remains aligned with the highest ethical and governance standards.”

Zitzke said the group aims to help organisations generate measurable business value from data and AI over the next three years.

“We are moving beyond experimentation toward scaled, responsible AI adoption that improves productivity, decision-making and operational performance across industries,” he said.

“Our strategy is focused on embedding AI across the enterprise — from operational technology and business systems to customer engagement and executive decision support. This requires strong governance, ethical oversight and an independent board that ensures innovation is balanced with accountability.”

Following the appointments and resignation, the board committees have been reconstituted:

Audit and risk committee

Andrew Murgatroyd (chairperson)

Kamil Patel

Professor Adrian Saville

Remuneration and nominations committee

Christopher Crowe (chairperson)

Marichen Mortimer

Tshepo Shabangu

Social and ethics committee

Marichen Mortimer (chairperson)

Douglas Ramaphosa

Tertius Zitzke